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Marry for What: Caste and Mate Selection in Modern India
Duflo, Esther; Banerjee, Abhijit; Ghatak, Maitreesh; … - National Bureau of Economic Research (NBER) - 2009
frictionless marriage market. One of our key empirical findings is that there is a very strong preference for within-caste marriage … persistent feature of the Indian marriage market. …
Persistent link: https://www.econbiz.de/10005052154
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Collateral Valuation and Borrower Financial Constraints: Evidence from the Residential Real Estate Market
Agarwal, Sumit; Ben-David, Itzhak; Yao, Vincent - National Bureau of Economic Research (NBER) - 2013
Financially constrained borrowers have the incentive to influence the appraisal process in order to increase borrowing or reduce the interest rate. We document that the average valuation bias for residential refinance transactions is above 5%. The bias is larger for highly leveraged...
Persistent link: https://www.econbiz.de/10010703331
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Mortgage Modification and Strategic Behavior: Evidence from a Legal Settlement with Countrywide
Mayer, Christopher; Morrison, Edward; Piskorski, Tomasz; … - National Bureau of Economic Research (NBER) - 2011
We investigate whether homeowners respond strategically to news of mortgage modification programs. We exploit plausibly … strategic behavior should be an important consideration in designing mortgage modification programs. …
Persistent link: https://www.econbiz.de/10009021935
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Comparing Economic and Social Interventions to Reduce Intimate Partner Violence: Evidence from Central and Southern Africa
Iyengar, Radha; Ferrari, Giulia - National Bureau of Economic Research (NBER) - 2011
The empowerment of women within households remains a major issue around the world including in Africa. We have conducted a study in Burundi coupling discussion sessions with microfinancing to determine if they enhance the role of women in decisions regarding household purchases and the reduction...
Persistent link: https://www.econbiz.de/10008876854
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The Size of the LGBT Population and the Magnitude of Anti-Gay Sentiment are Substantially Underestimated
Coffman, Katherine B.; Coffman, Lucas C.; Ericson, … - National Bureau of Economic Research (NBER) - 2013
Measuring sexual orientation, behavior, and related opinions is difficult because responses are biased towards socially acceptable answers. We test whether measurements are biased even when responses are private and anonymous and use our results to identify sexuality-related norms and how they...
Persistent link: https://www.econbiz.de/10010969234
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The Macroeconomics of Subsistence Points
Ravn, Morten; Schmitt-Grohé, Stephanie Schmitt-Grohe; … - National Bureau of Economic Research (NBER) - 2004
This paper explores the macroeconomic consequences of preferences displaying a subsistence point. It departs from the existing related literature by assuming that subsistence points are specific to each variety of goods rather than to the composite consumption good. We show that this simple...
Persistent link: https://www.econbiz.de/10005078621
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Disentangling Financial Constraints, Precautionary Savings, and Myopia: Household Behavior Surrounding Federal Tax Returns
Baugh, Brian; Ben-David, Itzhak; Park, Hoonsuk - National Bureau of Economic Research (NBER) - 2014
of consumption. Because uncertainty regarding the refund is resolved at filing, precautionary savings theory predicts an …
Persistent link: https://www.econbiz.de/10010729049
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An Economic Model of the Planning Fallacy
Brunnermeier, Markus K.; Parker, Jonathan A.; … - National Bureau of Economic Research (NBER) - 2008
do an inordinate amount of work right before projects are due. We present a theory in which people underpredict and … less smoothing of work than those chosen by a person with objective beliefs. We test our theory using extant experimental … theory predicts. For example, monetary incentives for accurate prediction ameliorate the planning fallacy while incentives …
Persistent link: https://www.econbiz.de/10005710350
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Economic Interpretations of Intergenerational Correlations
Mulligan, Casey; Grawe, Nathan D. - National Bureau of Economic Research (NBER) - 2002
Economic theory offers interpretations of intergenerational correlations that are different from the theories of other …
Persistent link: https://www.econbiz.de/10005720164
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Deep Habits
Ravn, Morten; Schmitt-Grohé, Stephanie Schmitt-Grohe; … - National Bureau of Economic Research (NBER) - 2004
This paper generalizes the standard habit formation model to an environment in which agents form habits over individual varieties of goods as opposed to over a composite consumption good. We refer to this preference specification as `deep habit formation'. Under deep habits, the demand function...
Persistent link: https://www.econbiz.de/10005828863